Heritage bank business credit card. The limits, fees and need-to-knows
If you’re on the hunt for a suitable business credit card in Australia, there are several offerings available. A mutual or ‘customer-owned’ bank, Heritage...
Shipping costs can be a burden for any business. Express couriers and dedicated shipping agents are popular options, but they can get expensive.
The AusPost MyPost business account may be the solution to this challenge. It helps send parcels domestically or globally under the premise that the more you send the cheaper it gets.
Australia Post has also partnered with a number of suppliers to simplify this task even further.
We’re going to discuss what the MyPost business account is, how it works, the savings as you spend, and how to register for one.
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An AusPost MyPost business account provides the opportunity for organisations that send a lot of parcels to save time and money.
You can send parcels domestically and internationally at rates that get cheaper the more you send.
AusPost has the largest network of collection options. In Australia, including office, post boxes and pickups.¹
AusPost is dedicated to helping Australian businesses lower their shipping costs. There are several benefits of registering for an AusPost MyPost business account²:
The MyPost Business savings bands are designed to offer you higher discounts on postage the more you spend. The bands are determined by how much you spent on parcels in the previous 4 weeks or collectively in 12 months, whichever offers the most savings.
The discounts are easy to understand and change based on the zone where the parcels will be delivered. It’s divided into 6 bands as follows²:
Savings | Band 0 | Band 1 | Band 2 | Band 3 | Band 4 | Band 5 |
---|---|---|---|---|---|---|
$0-49 in the last 4 weeks. Or, up to $499 in the last 12 months. | $50-249 in the last 4 weeks. Or, $500 -2499 in the last 12 months | $250-499 in the last 4 weeks. Or, $2500 -4999 in the last 12 months. | $500-999 in the last 4 weeks. Or, $5000 -9999 in the last 12 months. | $1000-1,999 in the last 4 weeks. Or, $10,000- 19,999 in the last 12 months | $2,000+ in the last 4 weeks. Or, $20k+ in the last 12 months. | |
Within the same city (<5kg) | 0% | 10% | 25% | 30% | 35% | 40% |
To another major city (<5kg) | 0% | 5% | 12% | 16% | 19% | 20% |
To rural areas (<5kg) | 0% | 0% | 2% | 3% | 5% | 5% |
Aust over 5kg | 0% | 5% | 10% | 12.5% | 15% | 17.5% |
Int’l Zone 1 New Zealand | 0% | 5% | 20% | 25% | 30% | 35% |
Int’l Zone 2 China | 0% | 5% | 15% | 20% | 25% | 25% |
Int’l Zone 2 Rest of Asia | 0% | 5% | 10% | 15% | 20% | 20% |
Int’l Zone 2 Pacific Islands | 0% | 5% | 7.5% | 10% | 12.5% | 15% |
Int’l Zone 3 USA & Canada | 0% | 5% | 15% | 20% | 25% | 25% |
Int’l Zone 4 UK & Ireland | 0% | 5% | 15% | 20% | 25% | 25% |
Int’l Zone 4 Major Europe | 0% | 5% | 10% | 15% | 20% | 20% |
Int’l Zone 4 & 5 Rest of World | 0% | 5% | 7.5% | 10% | 12.5% | 15% |
MyPost business is designed to save companies time and money with their parcel deliveries. With MyPost business you can¹²:
AusPost MyPost business integrates with the following partners and platforms, to allow you to ship parcels to your customers in a number of ways.¹
Addition | Big Commerce | Easyship |
---|---|---|
eBay | EIZ | ELEXtensions |
Joovil Ecommerce | Koi by Chick | Pikr |
Pitney Bowes | PlugInHive | Ready Freight |
Ready To Ship | Ricemill | SellerDash |
SellIntegro | Shipperfy | Shippit |
Shippo | ShipStation | SHOPLINE |
Spiffy Stores | Starshipit | Storbie |
WPRuby | WMS |
AusPost MyPost business integrates with the above partners and platforms to automate your shipping labels in three different ways³:
Read more: ePacket Shipping to Australia. How does it work |
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Customers place an order with your online store, you send those orders to your shipping platform, for example, Easyship. Then create your shipping labels with the AusPost MyPost discounts applied. MyPost sends the tracking numbers to your shipping platform.
If an eCommerce platform like Storbie powers your online store, the customer places an order with you as above. MyPost enables you to create shipping labels with its discounts already applied, and tracking numbers get provided.
If you have an online store on eBay, MyPost simplifies the process even further. Your orders are automatically sent to your MyPost account, then print all your shipping labels at once.
You can sign up for an Australia Post MyPost business account in three ways⁴:
To apply from a business account you’ll need to provide the company or organisation's name, and its ABN or ACN. A provisional account may be approved subject to confirming the business’ details.
As the operator of the account, an individual will need to provide their personal details and agree to the terms of service.
You’ll be asked to choose a password at the time of opening the account.
You can contact AusPost business in 3 ways:
Telephone Monday to Friday (excluding holidays) between 8 am and 6 pm AEST
The Wise Business Account is a good alternative for local and international banking and more flexible with the businesses it supports. You can check here if your business is supported..
With this Business account, you can make international payments to 80 countries in over 50 currencies using the transparent mid-market rate plus a small transaction fee.
You’ll also get access to local Australian AUD account details, and account details for over 9 other major currencies.
The Wise business debit card can be used at ATMs, in-store, or online shopping via the Mastercard network. Additional cards can be made available for other team members as you choose, with one fixed card-creation fee per card and no monthly fees.
Find out how the Wise business account can save you money.
Register for a Wise business account
in minutes 🚀
Please see Terms of Use for your region or visit Wise Fees & Pricing for the most up-to-date pricing and fee information. |
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Sources:
Sources checked on: 24 April 2023
*Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.
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